GBP/USD Hits Four-Month High Amid Dollar Weakness
The Pound has recently gained traction in global markets, hitting four-month highs against the US Dollar (USD). Despite ongoing concerns regarding the UK’s economic outlook, the dollar’s losses have overshadowed these reservations.
The dollar index has slid to its lowest levels in four months, making way for the GBP to capitalize on the situation. Traders should keep an eye on upcoming economic reports that might influence both currencies moving forward.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]